< p>

News

Montagu Private Equity acquire Wireless Logic from CVC Growth Fund

LONDON 27 June 2018 – Montagu Private Equity (“Montagu”), a leading pan-European private equity firm, and CVC Capital Partners (“CVC”) today announce that they have reached an agreement for Montagu to acquire Wireless Logic Group (“Wireless Logic” or “the company”), Europe’s leading smart connectivity platform provider, from CVC’s Growth Fund. The Wireless Logic sale represents the first exit for CVC’s Growth Fund. The terms of the transaction were not disclosed.

Wireless Logic was established in the UK in 2000 and provides businesses with specialist Internet of Things (IoT) and Machine-to-Machine (M2M) platform services across mobile, satellite, low-power wireless, and fixed line networks. The company’s services enable smart connectivity for applications and devices, creating two-way communication across secure private networks. The platform gives organisations of all sizes the ability to access highly complex and secure IT infrastructure with zero capital cost, thus creating unrivalled opportunities for new and innovative IoT solutions.

Today, Wireless Logic is a market leader in IoT and M2M platform managed services in Europe, with over 2,500 customers and over 3.1 million subscriptions. It has the technology, scale and geographical breadth to provide comprehensive connectivity solutions to a large number of customers and applications across Europe with a global reach. Headquartered in Hurley, Berkshire, the company operates across Europe with country offices in the UK, Denmark, France, Germany and Spain.

During the CVC Growth Fund’s period of investment, Wireless Logic has continued its impressive organic growth trajectory, supplemented by several strategic acquisitions. Montagu intends to work with the management team to continue to drive growth, leveraging Montagu’s experience, network and resources to further strengthen the business.

Oliver Tucker, Co-founder and Group CEO of Wireless Logic, said: “We are delighted to welcome Montagu into the Wireless Logic Group. Under the stewardship of the CVC Growth Fund, we have continued our double-digit organic growth which has been complemented by four acquisitions in the UK, Germany and Denmark, with each introducing key new technologies and skillsets into the group business. As we thank CVC for its partnership and counsel, the group board is looking forward to a bright, ambitious and exciting future with Montagu as we set about continuing our strategy to make Wireless Logic Group into a truly world-class platform offering.”

Ed Shuckburgh, Director of Montagu, said: “We are highly impressed by the quality and achievements of the management team, who have founded and developed the business to become Europe’s leading M2M and IoT connectivity platform provider in under 20 years. We look forward to partnering with them to support the company’s continued expansion to meet the rapidly growing demand for smart connectivity solutions.”

Aaron Dupuis, Senior Managing Director of CVC, said: “We have had a tremendous partnership with Oliver and his team. We have been proud to be part of the continued success of Wireless Logic and wish the team all the best as they embark on the next phase of the journey.”

The company and the CVC Growth Fund were advised by William Blair, Fried Frank, Deloitte and OC&C. Montagu was advised by Arma Partners, Morgan Stanley and Freshfields.

For more information on Montagu click here.

For more information on CVC, click here.

Recent posts

Article 1st November 2021

Read more
News 5th October 2021

Coverage from the EE mobile network enables Wireless Logic to offer 4G and 5G mobile connectivity.

Read more
Article 20th August 2021

Hao Shi, Solutions Consultant, Arkessa, part of Wireless Logic Group discusses why cellular connectivity is an option to replace legacy PSTN technology before the switch off in 2025.

Read more
Wireless Logic








    Si desea mantenerse informado de nuestras noticias y actualizaciones de la industria, marque la casilla a continuación:

      Register now and we'll send you a free copy of our whitepaper 'eSIM/eUICC technology for IoT - Is it right for your business?'




        Watch our IoT Connectivity Solutions for Smart Buildings webinar

        Fill in your details and you will be sent a link to our on demand webinar.

        If you'd like to receive more information like this, and/or for one of our team to contact you please select the relevant boxes below.

        If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).
















              Hvis du ikke ønsker at modtage flere oplysninger som denne, og / eller for et af vores team at kontakte dig, skal du fjerne markeringen af ​​de relevante felter nedenfor.

              Hvis du har valgt at modtage nyhedsbreve fra os, får du en aktiverings-e-mail for at bekræfte din e-mail-adresse.



                If you don't want to receive more guides like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).







                  YesNo



                  If you'd like to be kept informed of our news and industry updates please tick the box below:




                    If you don't want to receive more guides like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                    If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).

                      Download our webinar

                      Fill in your details to download our On Demand IoT Connectivity Webinar.

                      If you'd like to receive more guides like this, and/or for one of our team to contact you please select the relevant boxes below.

                      If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).

                        Watch our IoT Security webinar

                        Fill in your details and you will be sent a link to our on demand webinar.

                        If you'd like to receive more information like this, and/or for one of our team to contact you please select the relevant boxes below.

                        If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).








                          If you'd like to be kept informed of our news and industry updates please tick the box below:











                            YesNo






                            YesNo







                            YesNo



                            If you'd like to be kept informed of our news and industry updates please tick the box below:




                              If you don't want to receive more white papers like this, and/or for one of our team to contact you please unselect the boxes below.

                              If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).



                                If you don't want to receive more information like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                                If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).



                                  If you don't want to receive more guides like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                                  If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).



                                    If you'd like to be kept informed of our news and industry updates please tick the box below:

                                    Yes, I'd like to receive occasional Wireless Logic newsletters




                                      If you don't want to receive more white papers like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                                      If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (check your junk).








                                        If you'd like to be kept informed of our news and industry updates please tick the box below:



                                          If you don't want to receive more guides like this, and/or for one of our team to contact you please unselect the relevant boxes below.

                                          If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk).

                                            Download our webinar

                                            Fill in your details to download our On Demand IoT Connectivity Webinar.

                                            If you'd like to receive more guides like this, and/or for one of our team to contact you please select the relevant boxes below.

                                            If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).

                                              Download The Essential Guide to IoT Connectivity

                                              If you'd like to receive more guides like this, and/or for one of our team to contact you please select the relevant boxes below.

                                              If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).

                                                Watch our IoT Connectivity Solutions for EV Charge Points webinar

                                                Fill in your details and you will be sent a link to our on demand webinar.

                                                If you'd like to receive more information like this, and/or for one of our team to contact you please select the relevant boxes below.

                                                If you have selected to receive newsletters from us, you will be sent an activation email to confirm your email address (please check your junk mail).







                                                  YesNo



                                                  If you'd like to be kept informed of our news and industry updates please tick the box below:

















                                                      YesNo






                                                      YesNo







                                                      YesNo



                                                      If you'd like to be kept informed of our news and industry updates please tick the box below:


                                                      [contact-form-7 404 "Not Found"]

                                                      [contact-form-7 404 "Not Found"]





















                                                            [contact-form-7 404 "Not Found"]















                                                                If you'd like to be kept informed of our news and industry updates please tick the box below:

                                                                [contact-form-7 404 "Not Found"]

                                                                [contact-form-7 404 "Not Found"]







                                                                  YesNo




                                                                  YesNo




                                                                  If you'd like to be kept informed of our news and industry updates please tick the box below:















                                                                        If you'd like to be kept informed of our news and industry updates please tick the box below:

                                                                        [contact-form-7 404 "Not Found"]